Equities research analysts at BTIG Research initiated coverage on shares of Motorola Solutions (NYSE:MSI) in a research note issued on Friday. The brokerage set a “buy” rating on the communications equipment provider’s stock.

Other equities research analysts also recently issued research reports about the company. MKM Partners raised their price target on Motorola Solutions to $116.00 and gave the company a “neutral” rating in a research report on Monday, February 5th. Citigroup raised their price target on Motorola Solutions from $104.00 to $112.00 and gave the company a “buy” rating in a research report on Wednesday, January 24th. Jefferies Group reiterated a “buy” rating on shares of Motorola Solutions in a report on Thursday, March 1st. JPMorgan Chase & Co. began coverage on Motorola Solutions in a report on Friday, February 9th. They issued a “neutral” rating and a $115.00 price objective on the stock. Finally, BMO Capital Markets lifted their price objective on Motorola Solutions from $102.00 to $116.00 and gave the stock an “outperform” rating in a report on Friday, February 2nd. Three equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $112.09.

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Shares of Motorola Solutions (NYSE:MSI) opened at $108.80 on Friday. Motorola Solutions has a 12-month low of $79.63 and a 12-month high of $110.29. The company has a debt-to-equity ratio of -2.56, a quick ratio of 1.24 and a current ratio of 1.35. The firm has a market capitalization of $17,574.45, a PE ratio of -100.74, a price-to-earnings-growth ratio of 2.16 and a beta of 0.32.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings results on Thursday, February 1st. The communications equipment provider reported $2.10 earnings per share for the quarter, beating the Zacks’ consensus estimate of $2.04 by $0.06. Motorola Solutions had a negative return on equity of 75.81% and a negative net margin of 2.43%. The business had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.94 billion. During the same quarter last year, the business posted $2.03 earnings per share. The company’s revenue for the quarter was up 3.9% on a year-over-year basis. equities research analysts forecast that Motorola Solutions will post 6.3 EPS for the current fiscal year.

In related news, EVP Mark S. Hacker sold 19,700 shares of the business’s stock in a transaction dated Tuesday, January 9th. The stock was sold at an average price of $93.00, for a total transaction of $1,832,100.00. Following the transaction, the executive vice president now owns 28,685 shares in the company, valued at approximately $2,667,705. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, major shareholder Motorola Solutions, Inc. sold 949,779 shares of the business’s stock in a transaction dated Wednesday, January 10th. The shares were sold at an average price of $15.00, for a total value of $14,246,685.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 1,394,467 shares of company stock worth $62,068,687. Company insiders own 2.50% of the company’s stock.

A number of large investors have recently made changes to their positions in the stock. Cambridge Investment Research Advisors Inc. increased its holdings in Motorola Solutions by 4.0% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 13,450 shares of the communications equipment provider’s stock valued at $1,215,000 after purchasing an additional 517 shares during the period. Xact Kapitalforvaltning AB increased its holdings in Motorola Solutions by 15.6% during the 4th quarter. Xact Kapitalforvaltning AB now owns 14,977 shares of the communications equipment provider’s stock valued at $1,353,000 after purchasing an additional 2,017 shares during the period. Envestnet Asset Management Inc. increased its holdings in Motorola Solutions by 7.5% during the 4th quarter. Envestnet Asset Management Inc. now owns 55,701 shares of the communications equipment provider’s stock valued at $5,031,000 after purchasing an additional 3,882 shares during the period. We Are One Seven LLC purchased a new position in Motorola Solutions during the 4th quarter valued at about $550,000. Finally, OLD Mutual Customised Solutions Proprietary Ltd. increased its holdings in Motorola Solutions by 9.4% during the 4th quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 9,300 shares of the communications equipment provider’s stock valued at $840,000 after purchasing an additional 800 shares during the period. Institutional investors own 87.93% of the company’s stock.

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Motorola Solutions Company Profile

Motorola Solutions, Inc is a provider of communication infrastructure, devices, accessories, software and services. The Company operates through two segments: Products and Services. The Company’s Products segment offers a portfolio of infrastructure, devices, accessories and software. The Products segment has two product lines: Devices and Systems.